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Fee Collection · Toss Payments · Boarding Schools

Online Fee Collection with Toss Payments for Boarding Schools

Collect boarding school fees online using Toss Payments — tuition, hostel, exam fees, and more — automatically reconciled with student records in OpenEduCat.

Managing semester-based billing across vocational schools is one of the most time-intensive tasks for finance teams. Toss Payments is one of the most reliable payment gateways for South Korea institutions — and OpenEduCat's fee management module connects to it natively. When a parent pays online, OpenEduCat marks the invoice paid, posts to the general ledger, and sends a receipt — with zero manual intervention.

Why Toss Payments for Boarding Schools?

Virtual account for large Korean boarding fee bank transfers; Toss app for quick deposit payments from tech-savvy Korean parents

Fee Types You Can Collect

Every fee type relevant to boarding schools — each automatically reconciled with student records

Boarding & Tuition (Combined)

All-inclusive annual or per-term fee covering academic tuition and full residential costs

Example: $55,000/year all-inclusive boarding + tuition

Boarding Supplement

Residential accommodation fee billed separately from tuition for semi-boarding students

Example: $8,500/term for 5-day boarding accommodation

Guardianship Arrangement

Local guardianship coordination fee for international students without local parents

Example: $1,800/year guardianship coordination fee

Weekend / Exeat Activities

Organized weekend activity programs and holiday care fees for full-time boarders

Example: $180/term weekend activity program

Personal Allowance Account

Prepaid student spending account for campus store, laundry, and incidentals

Example: $400/term credited to student account at term start

Summer Program

Optional summer boarding program fees for international students who remain on campus

Example: $4,800 for 4-week summer program

How It Works

From gateway setup to auto-reconciliation — in 5 steps

1

Connect Toss Payments to OpenEduCat

Enter your Toss Payments API keys in OpenEduCat's Payment Gateway settings. No code required — the integration activates instantly. Test mode lets you verify the entire flow before going live.

2

Configure Fee Heads

Create fee heads (tuition, hostel, exam fee) in OpenEduCat's Fee Management module. Assign them to student batches, departments, or individual students. Set due dates and installment schedules.

3

Parents Receive Payment Links

OpenEduCat generates unique payment links for each parent. Links can be sent via email, SMS, or WhatsApp — or accessed directly from the Parent Portal. Parents pay using Kakao Pay, NAVER Pay, Toss (app).

4

Toss Payments Processes the Payment

Toss Payments handles all card data and transaction processing within its PCI-compliant environment. OpenEduCat never stores sensitive payment data on your servers — full PCI DSS scope reduction.

5

Auto-Reconciliation and Reporting

Payment confirmed by Toss Payments triggers automatic reconciliation in OpenEduCat: invoice marked paid, GL entry posted, receipt generated, and defaulter list updated. Finance staff see real-time collection dashboards — no manual matching.

Key Benefits

What boarding schools gain from the Toss Payments + OpenEduCat combination

Toss Payments's Native Payment Methods

Accept Kakao Pay, NAVER Pay, Toss (app), Korean Credit Cards (Shinhan, KB, Hana, Lotte, Samsung) — the methods South Korea families actually use. No redirect to external payment pages; the checkout experience stays on your institution's portal.

Automated Semester Billing

Toss Payments Billing Key for recurring Korean payment mandates. Once a parent authorizes recurring payment, fees are collected automatically on the due date — reducing follow-up effort for your finance team.

Zero Manual Reconciliation

Every Toss Payments transaction is matched to a specific student, fee head, and academic period automatically. Month-end reconciliation that used to take 3–4 days takes minutes.

Compliance and Data Security

Toss Payments is PCI DSS Level 1 certified. OpenEduCat uses Toss Payments's tokenization so card data never touches your servers. Full audit trail of every payment with timestamps, amounts, and parent details.

Frequently Asked Questions

How does Toss Payments connect to OpenEduCat's fee management module?

OpenEduCat has a built-in Toss Payments integration. You enter your Toss Payments API keys (publishable key and secret key) in the Payment Gateway settings page. The integration supports both Toss Payments's standard checkout and hosted payment links. No custom code or third-party plugin is required.

What fees can Vocational Schools collect through Toss Payments in OpenEduCat?

All fee types are supported: Boarding & Tuition (Combined), Boarding Supplement, Guardianship Arrangement, Weekend / Exeat Activities, Personal Allowance Account, Summer Program. Each fee head is configured separately in OpenEduCat so finance teams can run reports by fee category, batch, department, or academic period.

How long does it take for Toss Payments payments to settle?

Toss Payments settles funds in T+1 (standard); same-day for Toss wallet. OpenEduCat marks the student's account paid as soon as Toss Payments confirms the transaction — you don't need to wait for settlement to update the student's fee status.

Is it safe to collect boarding school fees through Toss Payments?

Yes. Toss Payments is PCI DSS Level 1 certified — the highest certification level in the payment industry. OpenEduCat uses Toss Payments's tokenization and hosted fields, so sensitive card data never passes through or is stored on your institution's servers. Every transaction includes a full audit trail accessible from the OpenEduCat finance dashboard.

Ready to Collect Boarding School Fees with Toss Payments?

See how OpenEduCat connects Toss Payments to your boarding school's fee management — from setup to first payment in days.